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The nature of payments fraud requires real-time solutions designed to detect and prevent fraud before it happens. Learn what is required to thwart fraud and how UP Payments Risk Management solutions can put you in control of managing risk. Learn more: www.aciworldwide/paymentsrisk
Commerce and banking channels are multiplying and providing consumers more ways to transact than ever before. From physical channels, like credit, debit and pre-paid cards; checks; ATMs and point-of-sale terminals; to digital channels like ACH, wire, internet, telephone, mobile devices and crypto-currencies.
Consumers, businesses, merchants and financial institutions all benefit from anytime, anywhere commerce…but…there’s a dark side. Sophisticated fraud threats are multiplying even faster: malware and Trojans; account takeover and identity theft; credit abuse and bust-out scams; ACH and wire fraud; data breaches; money laundering and employee fraud. In fact, a single data breach can compromise tens of millions of account holders in a matter of seconds.